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  2. Menu engineering - Wikipedia

    en.wikipedia.org/wiki/Menu_engineering

    Menu engineering or Menu psychology, is the design of a menu to maximize restaurant profits. [ 1 ] [ 2 ] [ 3 ] This also applies to cafes, bars, hotels, food trucks, event catering and online food delivery platforms.

  3. Menu cost - Wikipedia

    en.wikipedia.org/wiki/Menu_cost

    Menu costs are the costs incurred by the business when it changes the prices it offers customers. A typical example is a restaurant that has to reprint the new menu when it needs to change the prices of its in-store goods. So, menu costs are one factor that can contribute to nominal rigidity. Firms are faced with the decision to alter prices ...

  4. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    Pricing strategies and tactics vary from company to company, and also differ across countries, cultures, industries and over time, with the maturing of industries and markets and changes in wider economic conditions. [2] Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for ...

  5. Wendy’s says it won’t raise menu prices after several ...

    www.aol.com/wendy-announces-uber-style-surge...

    Wendy’s is addressing the recent news that it would be implementing surge-pricing, raising the price of menu items based on demand.. The fast food chain released an official statement on 27 ...

  6. Menu pricing - Wikipedia

    en.wikipedia.org/wiki/Menu_pricing

    Menu pricing may refer to: the pricing of menus; product versioning, a form of price differentiation This page was last edited on 29 ...

  7. Revenue management - Wikipedia

    en.wikipedia.org/wiki/Revenue_management

    A company may decide to price against their competitors or even their own products, but the most value comes from pricing strategies that closely follow market conditions and demand, especially at a segment level. Once a pricing strategy dictates what a company wants to do, pricing tactics determine how a company actually captures the value.

  8. Dynamic pricing - Wikipedia

    en.wikipedia.org/wiki/Dynamic_pricing

    A changeable prices menu at a fast food stand on Emek Refaim Street in Jerusalem. Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, and variable pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands.

  9. Value menu - Wikipedia

    en.wikipedia.org/wiki/Value_menu

    A value menu is a group of menu items at a fast food restaurant that are designed to be the least expensive items available. In the US , the items are usually priced between $0.99 and $2.99. The portion size, and number of items included with the food, are typically related to the price.